NEWS RELEASE

Teijin Supports JCI’s Latest Call for Stronger Action
Regarding Climate and Energy Crisis
Tokyo, Japan, April 12, 2023 --- Teijin Limited announced today its support for the latest
statement issued by the Japan Climate Initiative (JCI), which has calls on the Japanese
government to take stronger action to mitigate climate change and energy crisis,
including by introducing renewable energy and early introduction of stricter carbon
pricing system and also the JCI takes the initiative to make actions.
The JCI network was established in Japan in 2018 to help entities working to combatglobal climate change to strengthen their intercommunication and exchange bestpractices and solutions. The JCI’s new statement calls on the Japanese government totake effective measures and regulatory reforms in action to supply most of the electricity
used nationwide with renewable energy by 2035. Also, it calls the government toestablish a carbon pricing system promptly and more efficiently to achieve the country’semissions-reduction targets for fiscal 2030 and such efforts made by Japanesecompanies for net-zero are properly evaluated globally. Furthermore, the JCI declaresthat it will promote the development and use of new sustainable renewable energy.
Teijin, a member of JCI, has set internal goals for lowering its groupwide environmental
impact, include targets for achieving net-zero emissions by fiscal 2050. As one suchpractical initiative, Teijin adopted stricter 2030 targets for its reduction of CO2 emissions
from in-house operations and the company’s entire supply chain effective from July 2021.
Also, Teijin’s targets for greenhouse gas emissions are officially validated science-basedtargets (SBT) for helping to limit the average global temperature rise to well below two
degrees Celsius from pre-Industrial Revolution levels, which presumably could reduce
the risks and impacts of climate change significantly.
Teijin is a people-focused company that develops innovative solutions for enhanced
quality of life and also works to minimize any negative impact on the environment orsociety through its business activities.
About the Teijin Group
Teijin (TSE: 3401) is a technology-driven global group offering advanced solutions in thefields of environmental value; safety, security and disaster mitigation; and demographic
change and increased health consciousness. Originally established as Japan's firstrayon manufacturer in 1918, Teijin has evolved into a unique enterprise encompassing
three core business domains: high-performance materials including aramid, carbon
fibers and composites, and also resin and plastic processing, films, polyester fibers andproducts converting; healthcare including pharmaceuticals and home healthcare
equipment for bone/joint, respiratory and cardiovascular/metabolic diseases, nursing
care and pre-symptomatic healthcare; and IT including B2B solutions for medical,
corporate and public systems as well as packaged software and B2C online services for
digital entertainment. Deeply committed to its stakeholders, as expressed in the brandstatement “Human Chemistry, Human Solutions,” Teijin aims to be a company that
supports the society of the future. The group comprises some 170 companies andemploys some 20,000 people across 20 countries worldwide. Teijin posted consolidated
sales of JPY 926.1 billion (USD 7.2 billion) and total assets of JPY 1,207.6 billion (USD9.4 billion) in the fiscal year that ended on March 31, 2022.
Press Contact
Investor and Public Relations Department
Teijin Limited
pr@teijin.co.jp